Solar Panel Cost Guide in Woodson Terrace, MO (2024 Update)

  • Woodson Terrace Solar Installation Cost: $17,060
  • 25-Year Savings: $18,719
  • Payback Period: 13.4 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Woodson Terrace

Find out how much it might cost to make the switch to solar in Woodson Terrace.

In Woodson Terrace, solar panels cost about 3 per watt on average.Using this figure, a typical 7.2-kW system would cost about $17,060 before the 0 federal solar tax credit is applied.

These figures are just averages, and the cost of going solar for you will most likely vary based on the amount of energy your home requires and what company you go with.For most homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $17,000 in savings on electricity bills over 20 years.

You can click the button below to get connected with a pre-vetted solar company in Woodson Terrace for a quote for your home.

Solar savings over time in Woodson Terrace

Year Return on Investment
1 years $-15,769
3 years $-13,188
5 years $-10,607
7 years $-8,026
9 years $-5,445
11 years $-2,864
13 years $-283
15 years $2,298
17 years $4,880
19 years $7,461
21 years $10,042
23 years $12,623
25 years $15,204

Top Solar Installers in Woodson Terrace

Many homeowners choose to hire a solar installation company since trying to install solar panels on your own can be a labor-intensive endeavor. A solar company can also help save you money over the lifespan of your system by providing warranties, repairs and system component replacements.

There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Technology

Tesla Energy

★★★★★
3.2

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Woodson Terrace

Factors that Affect Solar Panel Costs in Woodson Terrace

Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that will push your cost above or below the average in Woodson Terrace: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.

Solar Equipment

The size of the solar system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,370. There are a lot of different solar panel brands and the one you choose also changes the cost. In general, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you’re looking to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

If paying for a solar system out of pocket is difficult, solar loans are an affordable choice because they reduce your upfront costs and allow you to pay for your system over five to seven years on average.While solar loans make adopting solar energy more accessible for Woodson Terrace homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

Lastly, the company you get to install your solar system can influence the cost. Woodson Terrace’s solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $3.50 $14,720 $11,688 13.9 years
8 kW $3.44 $19,249 $15,962 13.7 years
10 kW $3.37 $23,590 $20,424 13.4 years
12 kW $3.30 $27,742 $25,075 13.1 years
14 kW $3.24 $31,705 $29,915 12.9 years
16 kW $3.17 $35,479 $34,943 12.6 years
18 kW $3.10 $39,065 $40,160 12.3 years
20 kW $3.03 $42,462 $45,566 12.1 years

How to Save on Solar Panels

There are a large number of companies available in Woodson Terrace, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:

  • Contract: When looking over your solar company’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios like a system part breaking or the company going out of business.
  • Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • Installation Process: When going solar, it’s crucial to maintain an open line of communication with your solar installer. Confirm that you understand how the installation process works and the project timeline.
  • Solar Panel Brands: Different companies will have various brands and models of panels. If you know you want a specific brand, make sure the solar panel company you’re considering has it.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Technology

Tesla Energy

★★★★★
3.2

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Woodson Terrace, MO Solar Cost FAQs

How much does it cost to install solar panels in Woodson Terrace?

This is a hard question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $16,850 for a 5-kW system and $33,700 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you want a smaller solar panel system or cheaper solar panels.

Is cost the most important consideration when buying solar panels?

The upfront cost is a key factor to consider, but whether it’s the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.

Can you sell solar power back to the grid in Woodson Terrace?

Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future energy bills.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.

Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.

Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.

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